New Jersey Resources: Fiscal 4Q Earnings Snapshot

AP

Print Article

WALL TOWNSHIP, N.J. (AP) _ New Jersey Resources Corp. (NJR) on Tuesday reported fiscal fourth-quarter net income of $18.1 million, after reporting a loss in the same period a year earlier.

The Wall Township, New Jersey-based company said it had profit of 20 cents per share. Earnings, adjusted for non-recurring costs, were 29 cents per share.

The energy services holding company posted revenue of $479.1 million in the period.

For the year, the company reported profit of $169.5 million, or $1.89 per share. Revenue was reported as $2.59 billion.

New Jersey Resources expects full-year earnings in the range of $2.05 to $2.15 per share.

New Jersey Resources shares have dropped nearly 9% since the beginning of the year. The stock has dropped 16% in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NJR at https://www.zacks.com/ap/NJR

Print Article

Read More Business

AP Top Business News at 11:55 a.m. EST

AP

December 15, 2019 at 11:00 am | Iowa Democrats worry 'Medicare for All' hurts key industry...

Comments

Read More

Retiring Farmers Union president: Family farms still viable

AP

December 15, 2019 at 10:21 am | BISMARCK, N.D. (AP) As Roger Johnson prepares to step down after 11 years leading the National Farmers Union group, hes well aware of the many challenges facing its members: a painful trade war, t...

Comments

Read More

Narrow server farm vote shows legislative rift on tax breaks

AP

December 15, 2019 at 9:41 am | LANSING, Mich. (AP) A razor-thin legislative vote on tax breaks for a Grand Rapids-area data center could portend problems for other companies or industries hoping to secure incentives to stay in o...

Comments

Read More

Record-long UN climate talks end but fail to deliver a global agreement on carbon markets

AP

December 15, 2019 at 5:18 am | Record-long UN climate talks end but fail to deliver a global agreement on carbon markets. ...

Comments

Read More

Contact Us

(608) 365-8811
149 State Street
Beloit, WI 53511

©2019 Beloit Daily News Terms of Use Privacy Policy
X